Retail Stocks

WMT stock drops 10% on weak earnings, HD rise on positive guidance

 WMT stock drops 10% on weak earnings, HD rise on positive guidance

Highlights: Walmart Inc. (NYSE: WMT) reported revenue of US$141.6 billion in the first quarter. Home Depot Inc. (NYSE: HD) posted first-quarter sales of US$38.9 billion. Walmart’s international net sales stood at US$23.8 billion. US...

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AMZN, MELI, W among top e-commerce stocks to explore in Q2

AMZN, MELI, W among top e-commerce stocks to explore in Q2

Highlights: com, Inc. (NASDAQ: AMZN) net sales surged 9% YoY in Q4, FY21. MercadoLibre, Inc. (NASDAQ: MELI) revenue rose over 60% YoY in Q4, FY21. Wayfair Inc. (NYSE: W) will release its first-quarter fiscal 2022 results on May 5. The Cov...

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Why is Biogen Inc (BIIB) stock trending?

Why is Biogen Inc (BIIB) stock trending?

Highlights  Cambridge, Massachusetts-based Biogen is a biopharmaceutical company. It is focused on discovering, developing, and delivering therapies for serious neurological and neurodegenerative diseases. Its stock fell 20.36% in one yea...

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Why is Designer Brands, Inc. (NYSE: DBI) stock trending on Wall Street?

Why is Designer Brands, Inc. (NYSE: DBI) stock trending on Wall Street?

Highlights: Designer Brands announced a dividend of US$0.05 for the ongoing quarter. The company organized Investor Day at NYSE on Friday. The stock returned more than 14% gains in the last 30 days. Shares of Designer Brands, Inc. (NYSE: ...

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Five student loan stocks to watch in April: DFS to SLM

Five student loan stocks to watch in April: DFS to SLM

Highlights  Discover Financial Services (DFS) launched a benefits-packed Cashback Debit account on April 6. Nelnet, Inc. (NNI) plans to launch a new private student loan product.  Citizens Holding Company (CIZN) has an annualize...

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Constellation Brands (STZ) stock surges on share buyback plan, Q4 results

Constellation Brands (STZ) stock surges on share buyback plan, Q4 results

Highlights: Constellation Brands (NYSE: STZ), reports Q4 earnings STZ reports net income surging to US$395.4 million Constellation Brands inks an ASR agreement with Bank of America for its Class common stocks. Shares of alcohol company Co...

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When is Vietnam's EV maker VinFast launching its US IPO?

When is Vietnam's EV maker VinFast launching its US IPO?

Vietnamese electric vehicle maker VinFast on Thursday confidentially filed for an initial public offering (IPO) in the US. The company is building a factory in North Carolina, US. Its Singapore-based holding company plans to spend US$4 billio...

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Top Metaverse ETFs to watch in Q2: METV, MTVR, VERS, FTEC & PUNK

Top Metaverse ETFs to watch in Q2: METV, MTVR, VERS, FTEC & PUNK

Highlights Metaverse allows people to collaborate, work, play, socialize, and do other things in the virtual space.  Metaverse is considered the next generation of the internet. Metaverse ETFs provide exposure to Metaverse-focused compani...

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Why HP Inc (HPQ) stock jumped over 17% on Thursday?

Why HP Inc (HPQ) stock jumped over 17% on Thursday?

The HP Inc. (NYSE: HPQ) stock jumped over 17% on Thursday morning after Warren Buffett's Berkshire Hathaway announced buying an 11% stake worth US$4.2 billion in the software firm. Berkshire Hathaway bought around 121 million HP shares valued at a...

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Tilray Brands (TLRY) gross profit up 31% in Q3 driven by strong sales

Tilray Brands (TLRY) gross profit up 31% in Q3 driven by strong sales

Cannabis firm Tilray Brands, Inc. (TLRY) on Wednesday posted a net income of US$52.5 million in the third fiscal quarter ended February 28, 2022, helped by strong sales across geographies. The company’s net revenue jumped 23% YoY to US$152 m...

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Why Mobiquity Technologies, Inc. (MOBQ) stock surged 49% today?

Why Mobiquity Technologies, Inc. (MOBQ) stock surged 49% today?

Highlights New York-based Mobiquity Technologies Inc is a Platform-as-a-Service (PaaS) company for data and advertising. A-Nation has selected Mobiquity to promote its cryptocurrency, NFTs, and upcoming motion pictures.  The advertising c...

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